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EURJPY is hovering below the recent 171.56 high Yen failed to benefit from Monday’s euro weakness Momentum indicators point to weakening bullish pressure EURJPY is trading sideways today as the yen has failed to benefit from the euro’s weakness following Sunday’s European parliamentary election results. The pair is still hovering close to its recent 171.56 […]

The post EURJPY Trades Sideways Ahead of Key Events appeared first on Action Forex.

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25/01/2024

ECB Will Keep Key Parameters of Monetary Policy Unchanged

Markets January PMI surveys went from a moderating downturn with intensifying price pressures (EMU) over a recovery in the private sector gaining momentum coupled with higher input costs related to the Red Sea crisis (UK) to the Goldilocks combination of rapid output growth with cooling price pressure (US). The latter nevertheless came with the important […]
27/08/2024

Will AUDUSD Continue Its Bullish Wave Trend?

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30/09/2024

Euro Steady as Germany’s CPI lower Than Expected

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